In 2023, Silver Starts With a Bang!

Looking back, 2011 was the year of the paper silver speculator. Looking forward, 2023 is shaping up to be the year of the physical silver stacker. How so?

Silver derivative products clearly fell out of favor in 2022, and that trend continues into the new year. We see this in falling open interest in silver futures and in falling ETF holdings. Even though premiums are falling, they are falling at a slower pace than the silver spot price is rising.

That means demand for physical overall is still rising. And a look into when that magical moment happens when the public suddenly "gets it" and dumps currencies. It's not random, and there is a good chance it could happen this year.

To find out more, click to watch the video now!

Arcadia Economics

*********